Gapping down
In reaction to disappointing earnings/guidance: DRWI -21.6%, SSI -18.4%, CMCM -11.2%, AAP -10.5%, MNRO -6.3%, FLO -6.1%, LB -5.3%, OXLC -5.2%, TK -4.8%, TNK -3.3%, TTWO -2.6%, MBT -1.3%, NGG -1%
Select metals/mining stocks trading lower: IAG -3.9%, HMY -2.4%, GG -2.3%, SLV -2.2%, KGC -2.2%, NEM -2.1%, VALE -1.9%, AU -1.9%, GDX -1.8%, FCX -1.7%, BBL -1.6%, BHP -1.4%, RIO -1.3%, AA -0.9%
Select oil/gas related names showing early weakness: SDRL -4.3%, STO -2%, MRO -1.8%, RDS.A -1.7%, TOT -1.7%, WTI -1.4%
Other news: HK -71.5% ( reaches agreement to restructure balance sheet with select note holders for the potential elimination of ~$1.8 bln of debt & ~$222 mln of preferred equity while reducing interest burden by more than $200 mln), GBSN -7.7% (holders of its senior secured convertible notes voluntarily removed restrictions on the Company's use of an aggregate of $1 mln previously funded to the Company and authorized the release of those funds from the restricted accounts of the Company), RGEN -7.3% ( files for mixed securities shelf offering; commences underwritten public offering of $100 mln aggregate principal amount of Convertible Senior Notes due 2021), HLT -4.6% (travel stocks under pressure after reports of missing Egypt plane), BLDR -4.4% (prices 13.26 mln share secondary public offering of common stock by selling shareholder), GLPI -3.4% (prices ~10.5 mln common stock offering by selling shareholders), IHG -2% (travel stocks under pressure after reports of missing Egypt plane), PFGC -1.2% (prices offering by selling shareholders of 12 mln shares of common stock at $24.25 per share)
Analyst comments: BKU -0.9% (downgraded to Sell from Buy at Goldman)
In reaction to disappointing earnings/guidance: DRWI -21.6%, SSI -18.4%, CMCM -11.2%, AAP -10.5%, MNRO -6.3%, FLO -6.1%, LB -5.3%, OXLC -5.2%, TK -4.8%, TNK -3.3%, TTWO -2.6%, MBT -1.3%, NGG -1%
Select metals/mining stocks trading lower: IAG -3.9%, HMY -2.4%, GG -2.3%, SLV -2.2%, KGC -2.2%, NEM -2.1%, VALE -1.9%, AU -1.9%, GDX -1.8%, FCX -1.7%, BBL -1.6%, BHP -1.4%, RIO -1.3%, AA -0.9%
Select oil/gas related names showing early weakness: SDRL -4.3%, STO -2%, MRO -1.8%, RDS.A -1.7%, TOT -1.7%, WTI -1.4%
Other news: HK -71.5% ( reaches agreement to restructure balance sheet with select note holders for the potential elimination of ~$1.8 bln of debt & ~$222 mln of preferred equity while reducing interest burden by more than $200 mln), GBSN -7.7% (holders of its senior secured convertible notes voluntarily removed restrictions on the Company's use of an aggregate of $1 mln previously funded to the Company and authorized the release of those funds from the restricted accounts of the Company), RGEN -7.3% ( files for mixed securities shelf offering; commences underwritten public offering of $100 mln aggregate principal amount of Convertible Senior Notes due 2021), HLT -4.6% (travel stocks under pressure after reports of missing Egypt plane), BLDR -4.4% (prices 13.26 mln share secondary public offering of common stock by selling shareholder), GLPI -3.4% (prices ~10.5 mln common stock offering by selling shareholders), IHG -2% (travel stocks under pressure after reports of missing Egypt plane), PFGC -1.2% (prices offering by selling shareholders of 12 mln shares of common stock at $24.25 per share)
Analyst comments: BKU -0.9% (downgraded to Sell from Buy at Goldman)